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ICICI Bank was the star performer in today's session, topping the gainers' list by surging almost over 8 per cent. Should Mr Trump pull the USA out of a multi-nation agreement on Tehran's nuclear programme, Iranian crude exports might be affected, but analysts said it would also fan the flames of geopolitical tensions in the Middle East, which is home to a third of the world's daily oil supply.

The 50-share NSE Nifty closed at 10,715.50, rose 97.25 points, or 0.92 per cent, its highest closing level since May 2, 2018.

ICICI Bank topped the gainers list by surging 6.89% even as the private sector lender yesterday posted a 45% plunge in Q4 profit at Rs 1,142 crore due to a spike in bad loans.

The Sensex succumbed to profit-booking by investors ahead of Karnataka elections this week, with the gauge sinking to the day's low of 35,136.

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The Sensex has so far touched a high of 35,061.56 and a low of 34,977.74 points.

On the NSE, the top gainers were ICICI Bank, Hindustan Petroleum and Eicher Motors. The major losers were IndusInd Bank, Mahindra and Mahindra and Larsen and Toubro. The S&P BSE Small-Cap index inched up 0.10 percent while the mid-cap index shed 0.10 percent. A heavy selling pressure witnessed in late afternoon dealings in consumer durables and capital goods stocks trimmed the overall gains made earlier in the day.

Asian markets closed mostly higher following firm leads from Wall Street overnight. The Indian currency had closed at a 15-month low of 67.13 against the United States dollar on Monday.